apple tv - All posts tagged apple tv

Stocks like Netflix continue to get pounded on no news, though I suppose the headlines about how Apple’s trying to bribe Comcast to treat Apple’s TV services as unfettered, is contributing to Netflix’s downswing here. Clearly, if Netflix is going to have to spend billions trying to get the last mile Internet providers to keep from throttling Netflix’s TV services, it’s going to hurt long-term earnings for the company. Not only that, but Netflix certainly doesn’t have the capital that an Apple, Microsoft and Google have to pay for such a scam. Imagine what this means down the road for a Pandora, Yelp, and others too.

I think Google and Apple are both moving to try to dominate the future TV “platforms” in the same way that they dominate the smartphone platform world of today. That’ll be huge business if they succeed. HUGE. Which means that in three years or so that Ballmer will finally decide that Microsoft might need to try to figure out a TV platform strategy of their own. Idiot. We own a small MSFT position despite Ballmer, who, as I’ve been saying for years, needs to go. Marvell would benefit from Google TV success as long the box makers are buying the Marvell components to make it run, but that’s a long way from having any clear impact on Marvell’s business. GOOG = buy. MRVL = hold.

Jeff Miller’s “ETF Exchange” Diary – Jeff’s steady TA approach never seems to waver and I’ve seen him catch so many darn trading bottoms and tops in the last few months that I’m beginning to wonder if that great system he calls “Felix” is actually just some sort of a time machine.

Well, the reason I bring all this up, isn’t just for some two-cent investment psychology lesson (though, I’ll tell you right now that I’m personally still willing to pick up two pennies off the ground, when I see ‘em. Money’s money, baby!). But I bring this up because I think, if you don’t own it already Apple, you probably want to go ahead and establish your cost basis at these current levels. Because this stock is going higher. Much higher. Probably to at least $350 per share before year end. And Apple’s gonna hit $1000 before 2015. So wouldn’t you like to look back when it does and proudly tell people your own cost basis? Let’s dig into the fundies and market and see why I’m pounding the table once again on my old friend AAPL.

About The Cody Word

Cody Willard writes the Revolution Investing investment newsletter for MarketWatch and posts the trades from his personal account at TradingWithCody.com He is the founder of WallStreetAll-Stars.com and the principal of CL Willard Capital. Cody serves as an adjunct professor at Seton Hall University and is on the University of New Mexico Alumni Board. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. Cody, a former hedge fund manager, and his stock picks and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.